Netflix to Buy Warner Bros; HPE Outlook Disappoints; Ulta Raises Outlook
On this episode of Stock Movers:
- Netflix (NFLX) agreed to buy Warner Bros. Discovery in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.
- Hewlett Packard Enterprise (HPE) shares dropped in premarket trading on Friday after the company gave an outlook for sales in the current quarter that fell short of high expectations for the AI server business.
- Ulta Beauty (ULTA) raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies.
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